Weekly Banking Bulletin

November 8, 2019

SECTION I

This section records the receipt of applications and notices to the Banking Division of the Department of Financial Services.   Applications and notices received by Foreign and Wholesale Banks, Community and Regional Banks,  Licensed Financial Services and Consumer Examination Unit are listed in order of date of receipt; applications and notices received by Mortgage Banking are listed at the end of Section I by type of application or notice.  THE WEEKLY BULLETIN CONSTITUTES THE ONLY WRITTEN NOTIFICATION OF THESE SUBMISSIONS THAT WILL BE ISSUED BY THE DEPARTMENT.  Any comment on, or objection to, any item contained in this Weekly Bulletin should be presented to the Department within 10 calendar days of the date of this bulletin, unless a different time period is specified in the item.  More specifically, such comments or objections, including any that concern CRA-related applications, should be either (a) delivered by mail or in person to Office of the General Counsel, New York State Department of Financial Services, One State Street, New York, New York 10004-1417 before the stated deadline or (b) transmitted by email to [email protected].

SECTION II

This section records actions taken by the Superintendent of Financial Services, and other information concerning the activities of the Banking Division of the Department of Financial Services.  Actions relating to institutions supervised by Foreign and Wholesale Banks, Community and Regional Banks and Licensed Financial Services are listed in order of date of action; actions relating to institutions supervised by Mortgage Banking are listed at the end of Section II by type of action taken.

GENERAL INFORMATION

Each item in the Weekly Bulletin is identified by a two-letter code indicating the type of institution and a three-letter code indicating the unit of the Department which has supervisory responsibility for the institution.  The following is a list of the codes and their meanings:

Institution Codes

BK Bank BR Mortgage Broker  
BP Budget Planner MS Mortgage Servicer  
CC Check Cashier PF Premium Finance Agency  
CU Credit Union PB Private Banker  
FA Foreign Agency SD Safe Deposit Company 
FB Foreign Branch SF Sale Finance Agency
FR Foreign Representative Office SL Savings and Loan Association
HC Holding Company SB Savings Bank
IC Investment Company SL Student Loans
LL Licensed Lender TM Transmitter of Money
MK Merchant Bank TR Trust Company
MI Miscellaneous VC Virtual Currency
MB Mortgage Banker      

Regulatory Unit Codes

CM Capital Markets
CRB Community and Regional Banks
CEU Consumer Examination Unit
FWB Foreign and Wholesale Banks
LFS Licensed Financial Services
MBD Mortgage Banking

SECTION I

November 4, 2019 (LL-LFS)
FUNDATION GROUP LLC 
11501 Sunset Hills Road - Suite 100, Reston, Fairfax, Virginia, 20190

Notification received for a change of licensed lender branch address from 9 East 37th Street, 2nd Floor, New York, New York 10016 to 3 West 35th Street, 10th Floor, New York, New York 10001.

The publication of receipt of this notification does not indicate that the notification is deemed complete.  A notification is deemed complete and filed when all required and requested information has been provided to the Department by the licensee.


November 5, 2019 (BK-CRB)
SIGNATURE BANK
565 Fifth Avenue, New York, NY 10017

Application dated November 4, 2019, for permission to change the location of branch office from Two Penn Plaza, 17th Floor, Borough of Manhattan, City of New York 10121 to 1400 Broadway, 26th Floor, Borough of Manhattan, City of New York 10018, received.


November 5, 2019 (SF-LFS)
HY CITE ENTERPRISES, LLC 
333 Holtzman Road, Madison, Wisconsin, 53713

Notification received for a change of main address from 333 Holtzman Road, Madison, Wisconsin, 53713 to 3252 Pleasant View Road, Middleton, Wisconsin, 53562.

The publication of receipt of this notification does not indicate that the notification is deemed complete.  A notification is deemed complete and filed when all required and requested information has been provided to the Department by the licensee.


November 7th, 2019 (TR-Cap Mkts)
DWS TRUST COMPANY
345 Park Ave, New York, New York 10154

Application to change the branch office from 345 Park Avenue, Borough of Manhattan, City of New York 10154 to 875 Third Avenue, Borough of Manhattan, City of New York 10022, received.

The comment period will expire November 22, 2019.


Application to establish a Mortgage Banker's Branch received for examination:

November 6, 2019 (MB-MBD)
Full Service Branch
American Financial Network, Inc.
431 Conklin. St. Office 3, Farmingdale, NY 11735

November 6, 2019 (MB-MBD)
Full Service Branch
Guaranteed Rate, Inc.
886 Columbia St., Suite 101, Hudson, NY 12534


Application to establish a Mortgage Loan Servicer’s Branch received for examination:

November 1, 2019 (MLS-MBD)
Full Service Branch
Compu-Link Corporation D/B/A Celink
101 West Henna Blvd, Suite 250, Austin, TX 78728


Application received pursuant to Section 594-b of the New York Banking Law and Part 410 of the Superintendent's Regulations for control interest:

November 6, 2019 (BR-MBD)
Applicant(s)
Staci Lynn Field
To acquire interest in:
Mortgage One, Inc.
4347 Radcliffe Dr. Palm Harbor, FL 34685


Mortgage Banker License Name Change Received:

November 4, 2019 (MB-MBD)
From: Nationwide Mortgage Bankers, Inc.  D/B/A Americasa Home Loans
To: Nationwide Mortgage Bankers, Inc. D/B/A NMBNOW

November 4, 2019 (MB-MBD)
From: Nationwide Mortgage Bankers, Inc.  D/B/A Americasa Home Loans
To: Nationwide Mortgage Bankers, Inc. D/B/A Americasa


Article 12-E Applications received.  Individuals listed may not engage in mortgage loan origination activities prior to the approval of their application for licensing.  They must also complete all required education, testing and bonding requirements by the dates set forth in Part 420 of the Superintendent’s Regulations which may be found on the Department’s website.

DATE OF APPLICATION NMLS NO. NAME OF APPLICANT CITY STATE
June 4, 2019 1854262 Monir Sami Mamoun Morris Plains New Jersey
July 24, 2019 1648680 Carly M. Peterson South Plainfield New Jersey
August 5, 2019 1738622 Zachary Abecassis New York New York
August 26, 2019 1887812 Melissa Ann Young New York New York
September 5, 2019 1795158 Jahshawn Abiram Marconi Saint Albans New York
September 6, 2019 1543275 Bryan Russell Deaton Apex North Carolina
September 12, 2019 1379311 Alejandro Lopez Aurora Colorado
September 12, 2019 1866514 Jacob Bernath Brooklyn New York
September 23, 2019 1881880 Tracy Lee Leak Highland Village Texas
September 27, 2019 1056619 Saif Omran Ali Coram New York
October 1, 2019 29861 Andrew Leo Marquis Concord Massachusetts
October 1, 2019 195656 Grailen Lineras Archie Elkridge Maryland
October 1, 2019 1866586 Michael Lee Smith Hamilton Ohio
October 2, 2019 1889879 Alisha Lynne McDevitt Farmington Hills Michigan
October 3, 2019 624817 Eric A. Egan West Babylon New York
October 3, 2019 1602768 Luis E. Lleshi Yonkers New York
October 4, 2019 1873630 Jacob Werzberger Spring Valley New York
October 7, 2019 1374577 Richard Evan Goldstein Bronx New York
October 7, 2019 1751779 Yuhong Liu Staten Island New York
October 8, 2019 455898 Robert Ashby Shepherd Severna Park Maryland
October 10, 2019 1891347 Veronica P. Martinez Dallas Texas
October 14, 2019 1431085 Joseph Vinh Tran La Mirada California
October 17, 2019 1841799 Barry Liu Brooklyn New York
October 21, 2019 102748 Clara N. Carranza Richmond Hill New York
October 24, 2019 1835677 Paul Anthony Maccarrone Stroudsburg Pennsylvania
October 29, 2019 1545638 Scott Michael Cahill Lake Forest California
October 31, 2019 1685718 Amin B. Chemnitz Troy New York

SECTION II

October 17, 2019 (SF-LFS)
Porsche Financial Services, Inc. U/A/N Bentley Financial Services U/A/N Bugatti Financial Services U/A/N Lamborghini Financial Services  
One Porsche Drive, Atlanta, Cobb, Georgia 30354

Application for a branch license to engage in business as a sales finance company at 600 Anton Boulevard, Suite 1280, Costa Mesa, California 92626 was approved.

 


October 31, 2019 (TR-FWB)
DEUTSCHE BANK TRUST COMPANY AMERICAS
60 Wall Street, New York, NY 10005

Authorization granting permission to open and occupy a branch office at 345 Park Avenue, Borough of Manhattan, City of New York 10154, surrendered for cancellation.

Office discontinued as of October 28, 2019.


November 5, 2019 (FR-FWB)
ABSA BANK LIMITED
Absa Towers West, 15 Troye Street, 7th Floor, Johannesburg, 2001, South Africa

Application, pursuant to Section 221-d of the Banking Law, to establish and maintain a representative office at 1460 Broadway, Borough of Manhattan, City of New York 10036, approved.


November 5, 2019 (BK-CRB)
AMERASIA BANK
41-06 Main Street, Flushing, NY 11355

Authorization issued to open and occupy a branch office at 214-01 Northern Boulevard, Bayside, Borough of Queens, City of New York 11361, on or after November 6, 2019.


November 5, 2019 (BK-CRB)
DIME COMMUNITY BANK
149 Kent Avenue, Brooklyn, New York 11249

As provided in Section 28-c of the Banking Law, the Superintendent of Financial Services has found that the proposed closing of branch office at 7524 3rd Avenue, Borough of Brooklyn, City of New York 11209 will not result in a significant reduction of banking services in the community to be affected.


November 5, 2019 (SB-CRB)
ELMIRA SAVINGS BANK
333 East Water Street, Elmira, New York 14901

As provided in Section 28-c of the Banking Law, the Superintendent of Financial Services has found that the proposed closing of branch office at 2075 Lake Road, Elmira Heights, Town of Horseheads, Chemung County, New York 14903 will not result in a significant reduction of banking services in the community to be affected.


Application to assume inactive status as a registered mortgage broker pursuant to Article 12-D of the Banking Law approved:

November 4, 2019 (BR-MBD)
Mortgage Planning, Inc.
1802 Hempstead Turnpike, East Meadow, NY  11554
Effective Date:  October 19, 2019


License to engage in the business of a Mortgage Banker Branch surrendered:

November 4, 2019 (MB-MBD)
One Reverse Mortgage, LLC
644 Woodward Avenue, Detroit, MI 48226
Effective Date: October 30, 2019


The following licensed Mortgage Banker has entered into a Settlement Agreement with the Department on October 18, 2019 in lieu of a hearing for a fine or revocation of its mortgage banker license to settle the violation of Section 590.2(b) of the New York Banking Law by conducting unauthorized loan originating activity.  The Settlement Agreement terms and conditions include a fine of $5,000.

November 4, 2019 (MB-MBD)
Reverse Mortgage Funding LLC
1455 Broad Street, 2nd Floor, Bloomfield, NJ 07003


Applications for licensing as a Mortgage Loan Originator under Article 12-E of the New York Banking Law, WITHDRAWN.  The individuals listed may not engage in mortgage loan origination activity in New York State or on New York State residential property:

DATE APPLICATION WITHDRAWN NMLS NO. NAME OF APPLICANT CITY STATE
October 31, 2019 1781964 Vanesa LaShawn Francis Aubrey Texas